bawerk.net: Tough Choices: Peg or Banking Crisis?
During the reign of the mighty petro-dollar standard, it was necessary for major oil exporters to recycle their dollar holdings back into the dollar-based…
Read MoreJune 9th, 2016
Central Bankers Claim: Things Are Better than You Think
In our time, the greatest source of money chaos is now the global 2%-inflation standard. Deflation-phobic central bankers, led by the FOMC at the…
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